If you are first time health insurance buyer, there is a high probability of getting bewildered going through many different jargons in your health insurance policy. Co-payment, deductibles, out-patient treatment, are some among many. Understanding these various terms helps in selecting a suitable policy when you buy health insurance policy. Thus, it is advisable to select a plan after carefully knowing about these terminologies. One such term is the day care cover.
What is day care coverage in health insurance policy?
Day care procedures are surgeries or medical treatments that formerly required hospitalisation but now can be completed in a couple of hours. This is possible due to the improvement in medical technology with effective medicines and high quality of medical procedures. It is also known as short-term hospitalisation. Generally, the time required for a day care procedure is anywhere between 2 hours to but less than 24 hours.
What forms part of day care procedure?
Not all insurance company provide same coverage for day care procedures. While some cover specific procedures, a few others cover almost all of them.
Cataract, radiotherapy, chemotherapy, septoplasty, dialysis, angioplasty, tonsillectomy, lithotripsy, hydrocele, piles and fistula, sinusitis, appendectomy, liver aspiration, colonoscopy are some treatments that are included as part of day care procedures. Moreover, ENT-related and certain dental ailments are also included in the list of day care procedures.
Why is it necessary to have day care procedure as part of your insurance coverage?
Whether they are individual health policies or health insurance plans for family, having this feature of day care coverage helps to a large extent. The primary reason to opt for a health insurance policy with day care coverage is to prevent financial instability due to the soaring treatment costs. Although the treatment may not require hospitalisation per say, but the costs are sky-high. Certain diagnostic test, for the matter, can prove to be expensive. Thus, a policy that has the advantage of a day care procedure helps.
Some other reasons why you should select a plan with day care cover are as follows –
#1 Mental peace: Having a day care procedure as an added benefit in your insurance policy helps you to concentrate on your treatment rather than worry about its expense. Any form of mental stress about the treatment cost is at bay with a day care coverage in your health insurance plan.
#2 Cashless facility: A day care policy comes with an optional cashless facility. This way, you need no longer require paying for the treatment at first and then seek reimbursement for the insurer. With a cashless option, you can straight up avail the necessary treatment and the insurer will settle the medical bill with the hospital.
#3 Better treatment: When seeking day car facility at a network hospital, apart from cashless facility, the quality of treatment is also standardised. This quality treatment helps the hospital to get empanelled with the insurance company as a network hospital benefiting you with quality treatment.
These are some advantages of having the day care procedure as part of your insurance cover. This facility is made available by most insurance companies for all types of policies including a critical illness insurance cover. So make sure to select a policy that suits your medical needs along with the day care benefit included in its scope. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read sales brochure/policy wording carefully before concluding a sale.
